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Lot's of talk about the past. I feel that there is a game changer event coming. The future is what is important.
Looking forward to that PR when it comes out. It could be quite a Christmas cracker for those that have been accumulating the stock off the recent lows - JMO.
.005 and above looks like the new support. Anything below is an early Christmas present for those that are accumulating this stock. JMO
$CVRG holding well. Could really take off on some bigger volume. Low float. Expecting to find out more on news now that the pink sheet status is updated.
Looking good Roger. Still holding nicely.
IMO one way or another the lease will be sorted, or created with a new block ID.
I am sure those that have been accumulating a lot of stock below .005 don't worry about the details. They are the ones that can see the bigger picture and where this stock will head.
Yes I think a big gap up is more than likely to happen if big interest comes in.
Good buying Roger. Any accumulation on a drop here is a bonus.
Looking forward to December 15th when we get to find out more.
CVRG holding well for the limited volumes that are being traded. It will be a game of snap to pick up stock if this drops lower again.
$CVRG - put it on your radar. Low float and newly updated Pink Sheet status. Big move expected.
$CVRG - put it on your radar. Low float and newly updated Pink Sheet status. Big move expected.
If only some of those Chefs Membership:6,927 want to buy in on the stock as well then it's going to get real interesting.
Looking forward to this PR's in the future. Buying support now at .16 just to try and get some volume for what there is available. Bit of a crumb fight I for volume trades.
New pink badge and good to go. Only upside from here. Anything lower on the dips is quickly snapped up.
Good day again. EEGC is starting to make some good moves off the bottom. Every day like this is one closer to seeing some drilling happening again.
A company taking up good space like that can only mean good things will come. Good buying off the bottom today. We'll see a lot more support come in I think on this low today.
Trading is still thin but the bottom is moving up. Looks like anything under .10 is gone now with the support coming in.
Thanks Roger. It will be good to see that update along with any news to follow.
Look forward to seeing the company progress forward now that these filing and status updates have gone through, and we can find out more about the business side with great potential for growth.
Still very tight. Holding well. Would love to know who was buying the larger chunks today. They must believe this will go much higher.
EEGC at number 4 on the breakout boards.
http://investorshub.advfn.com/boards/breakoutboards.aspx
Good thinking Jerseyfish. It will keep them in the dark and take them by surprise. By the time they wake up, the rigs will be set up and ready to continue the drilling from where it was left off. A spudded well all ready to go as soon as a rig hits the site again. Things will move very quickly once it all starts coming together and formalities are all worked through.
I have spotters on the top of the north cape of New Zealand to watch out for the ship containing those rigs as they pass on their way to Tasmania. You will be the first to get the news once that ship is spotted passing the cape into the Tasman sea.
Those that play this out on a longer term basis will make some serious $ buying in this range.
Best line of the PR.
"By consumating a transaction with GNE, the stage will be set to provide our shareholders with a measureable value for their investment and patience with THCB over the past few years"
Those that have patience will do very well. Hold out a little longer than a quick flip, and you will see some serious returns once we know more from future company news releases.
It's a new world for EEGC now, but it will be a better world. 3 additional partners to provide support in seeing this through. The company has fought well to survive through some of the toughest times and keep staff on and focused on getting the drilling programme back on track. It will serve them well in the years ahead when they will be pulling oil and gas out from the wells they drill in Tasmania.
CVRG positioned nicely to move up and establish the next trading range. On the way to .90 again. This could turn into a monster with the right news.
Great day for the holders of CVRG. This stock still has a lot more in it yet - looks like just an initial move today with more to come next week. Weeeeeeeeee
True, and that will pay for those rigs and workers needed. I hear 2 drill rigs are moving toward Tasmania as we speak..
True Jerseyfish. 4 companies that all bring their specialist skills and knowledge to the table with more input and dedication to make this work.
Fact is this company is still going and that still says a lot that they are still continuing to work hard at getting drilling back on track. It doesn't matter how badly this stock gets talked about by some on here, fact is there are still people in the company working hard to make it happen and do what it takes to see this through.
Looking forward to a progress update in the future with the exploration licence and funding all sorted.
There is only one way this stock will go from here. It will pick itself up off this bottom and never look back once news comes through.
I see only upside from here.
Good close at the end. Hoping this thing holds till the right news comes through to make it run. Looking forward to future announcements.
Got my eye on this one now. I have a good feeling about it. It popped up in my search - looks like this is early stages still of something that is awakening.
I see that there is a meeting on 25th Oct. Looking forward to that. http://www.otcmarkets.com/stock/THCB/company-info
I love the look of that chart there Hang Ten. A good close to finish off the week. We are now back on the upside and charting the course for a long term upwards trend.
Yes, is that the last chance gone to buy below .01? The headwinds are still strong, but at least we are heading in the right direction and heading back on the upside.
THE pr from TXO.
RNS Number : 8421N TXO PLC 08 September 2011 For immediate release: 7.00am on 8 September 2011 TXO Plc ("TXO" or the "Company") INVESTMENT IN Empire Energy Corporation INTERNATIONAL ("Empire") - Further to the announcement made by Empire on 6 September 2011, TXO announces that it has now entered the following agreements with and related to Empire Energy Corporation International (Empire) (Pink Sheets: EEGC.pk - News) and its wholly owned subsidiary, Great South Land Minerals Limited (GSLM): 1) a convertible loan agreement under which TXO has made an initial payment of US$100,000 and whereby, subject to raising a further US$4.9m, TXO would have the right to fund the drilling program and operating expenses of Empire, with the call option, entirely at the Company's discretion, on conversion to acquire 49% of Empire's oil drilling licence in Tasmania, Australia. It is, however, TXO's intention that any such funding would be raised by Tasmania Oil and Gas Limited ("TOGL"), to which the option is in the process of being assigned, and in which TXO would have a minority interest. Therefore, TXO's participation in the loan agreement would be limited to the US$100,000 advanced to date. TOGL has also entered a Joint Venture and Management Agreement with GSLM which is for the drilling of Bellevue and Thunderbolt target oil sites in Tasmania, Australia. 2) a further convertible loan agreement, under which TXO has made an advance payment of US$50,000 and whereby, subject to TXO advancing a further US$250,000 to Empire and extinguishing up to approximately US$2,680,000 nominal of Empire's debts ("Debts"), TXO will effectively have the call option to acquire 19.9% of Empire's share capital. The cash funding of US$300,000 in aggregate will be used to cover Empire's short term operating expenses, with the remainder of the advances replacing the current Debts. As the exercise of this option will again be subject to material due diligence and the raising of additional funds there is no certainty at this stage that the option will be exercised. TXO has reached an agreement in principle to settle the Debts due to two lenders for US$160,000 and A$700,000 in cash respectively and US$320,000 in new Ordinary Shares in TXO in aggregate (to be issued at the market price). The aggregate total of the cash advances, the Debts cash settlement figures and the Debts TXO Ordinary Share settlements would amount to US$1,520,000 (GBP950,000). The loans provided to Empire under these arrangements are convertible as described above, are unsecured, non-interest bearing and if not converted repayable on 27th May and 22nd July 2012 respectively. For TXO to advance any further funding under the arrangements set out above, it will be necessary for TXO to raise additional funding. CHAIRMAN'S STATEMENT "We believe that Empire is an attractive exploration opportunity and we believe that the re-capitalisation of Empire will allow the company to drill its prospective targets in Tasmania which on success could add substantial value to TXO Plc." Tim Baldwin. Trading in the Company's Ordinary Shares on AIM is expected to recommence with effect from 7.30am on Thursday 8th September 2011. BACKGROUND TO TXO PLC TXO completed a Rule 15 disposal of its Texas (US) based oil and gas assets ("TOGS") and business in May this year. TXO's shareholders also approved at that time the Company's proposed investing strategy together with a placing which raised approximately £1.1million to fund the new investing policy to focus on the hydrocarbon resource sector. Following the disposal, on 30 June 2011 TXO completed the purchase of a £500,000 investment in the Grand Bahama Group Limited ("GBG"). BACKGROUND ON EMPIRE ENERGY CORPORATION INTERNATIONAL (EEGC.PK) The information below is derived from information on Empire that is publically available on its website and other SEC filings. Empire is an oil and gas exploration company which is currently operating in Tasmania's central and northern basins. Empire holds an active Exploration License EL 14/2009 issued on 17th May 2010 to recommence drilling at the Bellevue site. The licence is valid until 17th May 2012 and is renewable for another 8 years after. For further information, please visit: http://www.empireenergy.com Empire Energy Corporation International (Empire), through its wholly owned subsidiary Great South Land Minerals Limited (GSLM), has performed a significant amount of work including the discovery of previously unknown, very significant, potential petroleum structures within special exploration license SEL 13/98 (now EL 14/2009) over the past 10 years, proving the existence of three petroleum systems. Empire and GSLM have expended in excess of US$50 million of capital investment in Tasmania, meeting all its license conditions set by Mineral Resources Tasmania (MRT) for SEL 13/98. GSLM has obtained a valuation of the undiscovered potential resource identified by the exploration and evaluation work performed over the past 10 years on the exploration license in Tasmania, Australia. London-based RPS Energy Limited (RPS), one of the world's leading independent experts on oil and gas resource/reserve evaluations, prepared a competent persons report indicating that the undiscovered prospective oil and gas resource contained within the structures identified by our geophysical, geological and seismic work was 668 million barrels undiscovered prospective resource. GSLM and Empire intend to prove the validity of the RPS report and WHK valuations regarding the existence of commercial qualities of onshore oil and gas in the Tasmania basin by drilling the Bellevue and Thunderbolt exploration wells. This potential is contained within the structures identified by GSLM's 1,149 km of onshore seismic work which was based on the independent integration and interpretation by RPS of the gravity, magnetic, geologic and stratigraphic well information. Empire's unaudited accounts for the year ended 31 December 2010 showed that Empire made a loss before taxation of A$9.4 million and had a negative Net Asset Value of A$12.8 million. From incorporation to 31 December 2010 Empire has spent approximately A$42.7million in connection with its licence. For further information please call: Tim Baldwin TXO Plc 0207 518 4300 Roland Cornish Beaumont Cornish Limited 0207 628 3396
6:46 PM
Here the link: http://www.iii.co.uk/investment/detail/?display=news&code=cotn:TXO.L&action=article&articleid=8349935
BOOM SHAK-A-LAKA. Breakout trading baby. Still holding big time on this. Those that bet against EEGC will be running for cover once the real action starts.
I sent an email to the address on the last pr a couple of weeks ago. No reply.
Lets hope the upwards momentum continues.
True, I have just taken a look at the news on that back in nov.
They are going to need a bigger deal to come through to survive longer term though. Good product but only hope this company spends more time on selling and doing deals for large orders - and shipping them with payment confirmed.
Looks like I missed the party over the past few days. Someone has been flogging this dead donkey again?
More product test results, but this company needs more big sales and fast if it is to survive. Will it survive the year?
Anyone believe that we might see any big orders come in off this news to keep the doors open?
News on large sales orders confirmed and shipped to keep the doors open will get this thing going again.